As you can see from the table below, if you do not pay
your HOSTPLUS Executive contributions by the 28th
day following the end of the quarter, which is two weeks
after payments are due, you will be required to lodge a
SG Statement and pay the SG Charge to the ATO by the
14th day of the following month.
SG quarter |
Due date for
contributions |
Date SG Charge is payable to the
ATO if late |
| 1 July - 30 September |
28 October |
14 November |
| 1 October - 31 December |
28 January |
14 February |
| 1 January - 31 March |
28 April |
14 May |
| 1 April - 30 June |
28 July |
14 August |
The SG Charge comprises your outstanding
superannuation contributions, nominal interest of 10%
p.a. (to the 14th or to the date the SG Charge is
actually paid) and an administration charge of $20 per
employee per quarter with a shortfall.
If the SG Charge is paid after the 14th, you must also
pay a general interest charge calculated on a daily
compounding basis to the date of payment. Other
penalties may apply. Most importantly, unlike most
super contributions, the SG Charge is not tax deductible.